Standard Chartered reaffirms $100K Bitcoin bet as bears see more pain
Standard Chartered reaffirms $100K Bitcoin bet as bears see more pain
Standard Chartered kept its $100,000 Bitcoin target, saying the recent selloff may be nearing an end.Geoffrey Kendrick expects Strategy to resume Bitcoin purchases and cited resilient spot ETF inflows.The bank said recent Bitcoin liquidations were smaller than those seen in major past market crashes.